Home / Knowledge / News / Policy / India's CAIT demands early introduction of e-com policy

India's CAIT demands early introduction of e-com policy

20
Sep '18
India
The Confederation of All India Traders (CAIT) recently urged commerce minister Suresh Prabhu to introduce the e-commerce policy at the earliest as the confederation apprehends vitiation of the domestic market by e-commerce portals through ‘predatory pricing’, ‘deep discounting’ and ‘loss funding’ during the festive season beginning October 15.

CAIT national president B C Bhartia requested Prabhu to restrict preferred sellers of e-commerce companies to sell products on e-commerce portals, according to a news agency report.

The government has already issued a first draft of the e-commerce policy and a panel of secretaries is examining that.

Provisions on data localisation should be part of the policy to check unauthorised infiltration of goods through e-commerce, said CAIT secretary general Praveen Khandelwal.

The proposal to allow up to 49 per cent foreign direct investment in inventory model-based businesses must be scrapped and it amounts to ‘backdoor entry’ of multi-national companies in retail trade, Khandelwal added. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 27th Jun 2019

World cotton production to rise 5% in 2019-20: USDA

Global cotton production in 2019-20 is forecast to rise 5 per cent...

Pic: Shutterstock

Textiles | On 27th Jun 2019

China to allow overseas traders for cotton futures

China's Zhengzhou Commodity Exchange plans to allow qualified...

Pic: Council of the European Union

Apparel/Garments | On 27th Jun 2019

EVFTA will heighten competition for Indian textiles: ITF

The EU-Vietnam Free Trade Agreement (EVFTA), which is to be signed on ...

Interviews View All

Claudia Kersten, Global Organic Textile Standard

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Top executives, Textile industry, India

Top executives
Textile industry, India

The event should be organised every year

Rashi Menda, Zapyle

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Suresh P Bagrecha,

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

N Nithyanandan,

N Nithyanandan

Incorporated in 1999, Purani Textiless Private Limited is one of the...

Yogesh Kanani,

Yogesh Kanani

Incorporated in 1999, Purani Textiless Private Limited is a leading...

Eric Scholler, Groz-Beckert

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mark Paterson, Technical Absorbents Ltd

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Georg Reinhold, Trützschler  Nonwovens & Man-Made Fibers

Georg Reinhold
Trützschler Nonwovens & Man-Made Fibers

Trützschler Nonwovens & Man-Made Fibers, a part of the Trützschler Group,...

Tahweave & Garo, Sweta Tantia

Tahweave & Garo
Sweta Tantia

Designer Sweta Tantia owns Garo, a couture indutva or ethnicwear brand,...

Madhu Jain, Madhu Jain

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Sneha Arora, Label Sneha Arora

Sneha Arora
Label Sneha Arora

Sneha Arora, an alumnus of National Institute of Fashion Technology,...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


July 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search